East African florin
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The
Florin The Florentine florin was a gold coin struck from 1252 to 1533 with no significant change in its design or metal content standard during that time. It had 54 grains (3.499 grams, 0.113 troy ounce) of nominally pure or 'fine' gold with a purc ...
was the
currency A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general ...
of the
British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, ...
colonies and protectorates of
East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territories make up Eastern Africa: Due to the historica ...
between 1920 and 1921. It was divided into 100
cent Cent may refer to: Currency * Cent (currency), a one-hundredth subdivision of several units of currency * Penny (Canadian coin), a Canadian coin removed from circulation in 2013 * 1 cent (Dutch coin), a Dutch coin minted between 1941 and 1944 * ...
s. It replaced the East African rupee at par, and was replaced in turn by the East African shilling at a rate of 2 shillings = 1 florin. The florin was equivalent to 2
shilling The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence ...
s sterling.


Coins

Because of its short period in existence, few of the
coin A coin is a small, flat (usually depending on the country or value), round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order ...
s minted were actually issued and are consequently scarce today. Coins were minted in denominations of 1, 5, 10, 25 and 50 cents and 1 florin but, according to the "Standard Catalog of World Coins" (C. L. Krause & C. Mishler, Krause Publications), the 50 cents coins were not released for circulation and only 30% of the 1, 5 and 10 cent coins produced were issued for circulation.


Banknotes

The East African Currency Board issued notes in denominations of 1, 5, 10, 20, 50, 100 and 500 florins, with the notes valued at 10 florins and above also carrying the denomination in pounds (1, 2, 5, 10 and 50).


References


Global Financial Data currency histories table
Currencies of Africa Currencies of the British Empire Currencies of Kenya Currencies of Tanzania Currencies of Uganda Modern obsolete currencies East Africa 1920 establishments in the British Empire 1921 disestablishments in the British Empire 1920s economic history Economic history of Uganda {{Money-unit-stub